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11751 SE Oak St

Portland, OR 97216
  • $489,500
  • STATUS: Active
  • ON SITE: 102 Days
  • MLS #: 22030765
UPDATED: 51 min ago
$489,500
  • 2
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,640
    SQFT
  • $298
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1942
County:

School Information

Elementary School:
Middle School:
High School:

Description

Great opportunity to own a duplex in Hazelwood/Ventura Park area. RM2 zoning allows 4-plex according to the City: Buyer do "due diligence". 11755 is vacant and 11751 tenant with good paying record would like to stay ($1300/mt rent). Newer plumbing and electrical, 2015 roof, floors replaced a few years ago. Walk to amazing Ventura Park, restaurants and services. A bit of TLC will make this great investment shine.

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Listing content is copyright © 2022 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Next Home Realty Connection are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2022-05-16T07:39:36.903.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Next Home Realty Connection and should be independently verified.
www.nexthomepdx.com/homes/125284260
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11751 SE Oak St Portland, OR 97216

  • Price: $489,500
  • Status: Active
  • On Site: 102 Days
  • Updated: 51 min ago
  • MLS #: 22030765
2
Beds
1
Baths
0
½ Baths
N/A
Acres
1,640
SQFT
$298
$/SQFT
1942
Built
Neighborhood:
Hazerwood
County:
Multnomah
Area:
143-Portland Southeast
Elementary School:
Ventura Park
Middle School:
Floyd Light
High School:
David Douglas
Property Description
Great opportunity to own a duplex in Hazelwood/Ventura Park area. RM2 zoning allows 4-plex according to the City: Buyer do "due diligence". 11755 is vacant and 11751 tenant with good paying record would like to stay ($1300/mt rent). Newer plumbing and electrical, 2015 roof, floors replaced a few years ago. Walk to amazing Ventura Park, restaurants and services. A bit of TLC will make this great investment shine.
Exterior Features

Exterior Description Wood Siding Lot Size 5000 To 6999 Sqft Parking Features AssignedPaved Roof Type Composition View YN No Water Description Public Water

Interior Features

Basement None Cooling Description None Foundation Details Concrete Perimeter Heating Description Baseboard Hot Water Description Electricity Unit Features RangeRefrigeratorWasher/Dryer Unit Type1 Features RangeRefrigeratorWasher/Dryer Unit Type1 Sq Ft 820

Property Features

Bank Owned YN No Capitalization Rate 2.30 Country Us Fuel Description Electricity Gross Income Actual 15600 Gross Income Projected 31200 Gross Rent Multiplier 31.38 Net Income Actual 11280 Net Income Projected 26880 Occupancy Types Month To Month Operating Expenses Actual 4320 Operating Expenses Projected 4320 Property Condition Approximately Rent Includes Trash Collection Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Tax Amount 3035.94 Third Party Approval YN No Unit Type1 Rent 1300 Unit Type1 Units Total 2 Zoning Rm2

Listing provided courtesy of The Hasson Company.


Listing content is copyright © 2022 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Next Home Realty Connection are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2022-05-16T07:39:36.903.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Next Home Realty Connection and should be independently verified.
 
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